QUIZ – 2017: Insights Current Affairs Quiz, 04 September 2018

The following quiz will have 5-10 MCQs. The questions are mainly framed from The Hindu and PIB news articles.

This quiz is intended to introduce you to concepts and certain important facts relevant to UPSC IAS civil services preliminary exam 2018. It is not a test of your knowledge. If you score less, please do not mind. Read again sources provided and try to remember better.

Please try to enjoy questions, discuss the concepts and facts they try to test from you and suggest improvements.

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INSIGHTS CURRENT EVENTS QUIZ 2017

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The following Quiz is based on the Hindu, PIB and other news sources. It is a current events based quiz. Solving these questions will help retain both concepts and facts relevant to UPSC IAS civil services exam.

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Question 1 of 5

1. Question

1 points

The high seas, as defined in maritime law, covers nearly

a) Three-fourth of earth’s surface

b) Half of earth’s surface

c) One-fourth of earth’s surface

d) One-tenth of earth’s surface

Correct

Solution: b.

The high seas are defined as the oceans that lie beyond exclusive economic zones. These zones (EEZs) are usually within 370km (200 nautical miles) of a country’s coastline. These waters (high seas) cover one and a half times the total land area of the planet and are home to some of the rarest and most charismatic species – but all countries have the right to navigate, fly over, carry our scientific research and fish on the high seas without restriction.

The high seas are defined as the oceans that lie beyond exclusive economic zones. These zones (EEZs) are usually within 370km (200 nautical miles) of a country’s coastline. These waters (high seas) cover one and a half times the total land area of the planet and are home to some of the rarest and most charismatic species – but all countries have the right to navigate, fly over, carry our scientific research and fish on the high seas without restriction.

2. Question

1 points

Residents of the International Space Station witness a sunrise every

a) 90 minutes

b) 2 hours

c) 12 hours

d) 24 hours

Correct

Solution: a.

The Atlantci: The International Space Station travels at a brisk 17,100 miles per hour. That means it orbits Earth every 90 minutes—so it sees a sunrise every 90 minutes. Thus, every day, the residents of the ISS witness 16 sunrises and 16 sunsets.

Additional Information: The International Space Station (ISS) Program’s greatest accomplishment is as much a human achievement as it is a technological one—how best to plan, coordinate, and monitor the varied activities of the Program’s many organizations. An international partnership of space agencies provides and operates the elements of the ISS. The principals are the space agencies of the United States, Russia, Europe, Japan, and Canada.

The Atlantci: The International Space Station travels at a brisk 17,100 miles per hour. That means it orbits Earth every 90 minutes—so it sees a sunrise every 90 minutes. Thus, every day, the residents of the ISS witness 16 sunrises and 16 sunsets.

Additional Information: The International Space Station (ISS) Program’s greatest accomplishment is as much a human achievement as it is a technological one—how best to plan, coordinate, and monitor the varied activities of the Program’s many organizations. An international partnership of space agencies provides and operates the elements of the ISS. The principals are the space agencies of the United States, Russia, Europe, Japan, and Canada.

3. Question

1.Provide information on borrowings only from scheduled commercial banks and NBFCs.

2.Help improve India’s ranking in the World Bank’s Ease of Doing Business.

Select the correct answer using the code given below:

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Correct

Solution: b.

A comprehensive credit information repository covering all types of credit facilities (funded and non-funded) extended by all credit institutions – Commercial Banks, Cooperative Banks, NBFCs, MFIs – and also covering borrowings from other sources, including external commercial borrowings and borrowing from market, is essential to ascertain the total indebtedness of a legal or natural person. With technology acting as an enabler, this repository can make near real time monitoring of credit risk possible and also address legitimate privacy concerns of the borrowers by making all access to a borrower’s information contained in the repository dependent on the borrower’s consent.

By having a registry of all loans in the form of a PCR, and recording all material events for each loan during its life cycle, the credit delivery system can be tuned more efficiently so that the populace not having access to formal credit, or with limited or no credit history, can be brought within its ambit. The resulting increase in credit flow to the MSME sector and the underserved populace could propel the Indian economy to a higher growth path. With a PCR in place, and with full coverage of credit market ensured by mandatory reporting, the ease in getting credit and in turn the ranking of India in the World Bank’s ease of doing business index would also likely to be improved.

A comprehensive credit information repository covering all types of credit facilities (funded and non-funded) extended by all credit institutions – Commercial Banks, Cooperative Banks, NBFCs, MFIs – and also covering borrowings from other sources, including external commercial borrowings and borrowing from market, is essential to ascertain the total indebtedness of a legal or natural person. With technology acting as an enabler, this repository can make near real time monitoring of credit risk possible and also address legitimate privacy concerns of the borrowers by making all access to a borrower’s information contained in the repository dependent on the borrower’s consent.

By having a registry of all loans in the form of a PCR, and recording all material events for each loan during its life cycle, the credit delivery system can be tuned more efficiently so that the populace not having access to formal credit, or with limited or no credit history, can be brought within its ambit. The resulting increase in credit flow to the MSME sector and the underserved populace could propel the Indian economy to a higher growth path. With a PCR in place, and with full coverage of credit market ensured by mandatory reporting, the ease in getting credit and in turn the ranking of India in the World Bank’s ease of doing business index would also likely to be improved.

4. Question

1.The tomb of Itmad-ud-Daulah is the first tomb in India that is entirely made of marble.

2.Currency bearing the names of Nur Jahan opposite that of Jahangir were in circulation during Jahangir’s reign.

Which of the statements given above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Correct

Solution: c.

Itmad-ud-Daulah (Ghiyas Beg) was Nur Jahan’s father.

Nur Jahan was a poet, an expert hunter and an innovative architect. Her design for her parents’ tomb in Agra later inspired the construction of the Taj Mahal.

Nur and Jahangir complemented each other, and the emperor never felt uncomfortable with his wife’s burgeoning influence as co-sovereign. Soon after their marriage, she issued her first royal order to protect the land rights of an employee. Her signature in the order read, Nur Jahan Padshah Begum, which translates as Nur Jahan, the Lady Emperor. It was a sign of sovereignty and an indication that her power was growing.

In 1617, gold and silver coins, which bore her name opposite that of Jahangir, started circulating. Court chroniclers, foreign diplomats, tradesmen and visitors soon started to note her unique status. One courtier described an incident where she surprised many by appearing in the imperial balcony, which was reserved for men only.

Nur Jahan was a poet, an expert hunter and an innovative architect. Her design for her parents’ tomb in Agra later inspired the construction of the Taj Mahal.

Nur and Jahangir complemented each other, and the emperor never felt uncomfortable with his wife’s burgeoning influence as co-sovereign. Soon after their marriage, she issued her first royal order to protect the land rights of an employee. Her signature in the order read, Nur Jahan Padshah Begum, which translates as Nur Jahan, the Lady Emperor. It was a sign of sovereignty and an indication that her power was growing.

In 1617, gold and silver coins, which bore her name opposite that of Jahangir, started circulating. Court chroniclers, foreign diplomats, tradesmen and visitors soon started to note her unique status. One courtier described an incident where she surprised many by appearing in the imperial balcony, which was reserved for men only.

5. Question

1.At more than 70,000kms in length, the mid-oceanic ridges form the longest mountain-chain on the surface of the earth.

2. Hydrothermal vents are volcanic systems found along mid-ocean ridges.

Which of the statements given above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Correct

Solution: c.

Fundamentals of Physical Geography Class XI NCERT: There is a system of mid-ocean ridges more than 70,000 km long that stretches through all the ocean basins. The central portion of this ridge experiences frequent eruptions. These ridges form an interconnected chain of mountain system within the ocean. It is the longest mountain-chain on the surface of the earth though submerged under the oceanic water.

BBC: Hydrothermal vents are volcanic systems found along mid-ocean ridges – places where new sea-floor is created by the upwelling of magma. In some locations, water can get drawn through cracks in the hot rock and become loaded with dissolved metals and other chemicals, before then being ejected back into the ocean. Specialised bacteria are able to exploit these hot fluids (up to 400C), to provide the energy foundation for a beautiful and bizarre collection of more complex organisms.

—

Incorrect

Solution: c.

Fundamentals of Physical Geography Class XI NCERT: There is a system of mid-ocean ridges more than 70,000 km long that stretches through all the ocean basins. The central portion of this ridge experiences frequent eruptions. These ridges form an interconnected chain of mountain system within the ocean. It is the longest mountain-chain on the surface of the earth though submerged under the oceanic water.

BBC: Hydrothermal vents are volcanic systems found along mid-ocean ridges – places where new sea-floor is created by the upwelling of magma. In some locations, water can get drawn through cracks in the hot rock and become loaded with dissolved metals and other chemicals, before then being ejected back into the ocean. Specialised bacteria are able to exploit these hot fluids (up to 400C), to provide the energy foundation for a beautiful and bizarre collection of more complex organisms.